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The complete book of wills, estates & trusts : advice that can save you thousands of dollars in legal fees and taxes  Cover Image Book Book

The complete book of wills, estates & trusts : advice that can save you thousands of dollars in legal fees and taxes / Alexander A. Bove, Jr.; Melissa Langa.

Summary:

"The classic legal guide to wills, estates, and trusts-with more than 100,000 copies in print-now substantially updated and revised! Whether grappling with modest or extensive assets, The Complete Book of Wills, Estates, & Trusts has long been the indispensable guide for protecting an estate for loved ones. In this completely revised fourth edition, updated to cover the latest changes in estate law, attorney Alexander A. Bove, Jr. synthesizes his decades of field and classroom experience into honest, clear, and entertaining explanations of a host of complex legal topics, including: how to create a will and living trust how to use a will to avoid probate and legal complications how trusts work and how to use trusts to save taxes how to contest a will and how to avoid a contest how to settle an estate or make a claim against one how to establish a durable power of attorney how to protect assets from creditors In his straightforward and humorous style, Bove shares easy-to-understand legal definitions, savvy advice on taxes, and pragmatic and simple sample forms, all illustrated with entertaining examples and actual cases. This is the only legal guide readers will ever need to ensure that their money and holdings remain in the family"-- Provided by publisher.

Record details

  • ISBN: 9781250792747
  • ISBN: 1250792746
  • Physical Description: x, 396 pages ; 24 cm
  • Edition: Fourth edition.
  • Publisher: New York : St. Martin's Griffin, 2021.

Content descriptions

General Note:
Prev. edition is classed under KF755.Z9.
Includes index.
Formatted Contents Note:
The world of wills -- Do you really need a will? -- What is a will? -- How to cancel or change your will -- Common will provisions -- Uncommon will provisions -- controlling from the grave -- Spouses' and children's rights to an estate -- Estate management -- Personal representatives -- Will contests, lost wills, and beneficiaries' rights -- Avoiding probate and wills altogether -- Everything you need to know about trusts -- Probate, trusts, and taxes -- Dealing with Lawyers.
Subject: Wills > United States > Popular works.
Executors and administrators > United States > Popular works.
Estate planning > United States > Popular works.
Probate law and practice > United States > Popular works.
Trusts and trustees > United States > Popular works.
United States.
Genre: Law for laypersons.
Popular works.

Available copies

  • 6 of 7 copies available at Missouri Evergreen. (Show)
  • 3 of 3 copies available at Cass County.

Holds

  • 0 current holds with 7 total copies.
Show Only Available Copies
Location Call Number / Copy Notes Barcode Shelving Location Status Due Date
Cass County Library-Harrisonville 346.7305 BOV 2021 (Text) 0002205545136 Adult Non-Fiction Available -
Cass County Library-Northern Resource Center 346.7305 BOV 2021 (Text) 0002205545607 Adult Non-Fiction Available -
Cass County Library-Pleasant Hill 346.7305 BOV 2021 (Text) 0002205545599 Adult Non-Fiction Available -

Syndetic Solutions - Table of Contents for ISBN Number 9781250792747
The Complete Book of Wills, Estates and Trusts (4th Edition) : Advice That Can Save You Thousands of Dollars in Legal Fees and Taxes
The Complete Book of Wills, Estates and Trusts (4th Edition) : Advice That Can Save You Thousands of Dollars in Legal Fees and Taxes
by Bove, Alexander A.
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Table of Contents

The Complete Book of Wills, Estates and Trusts (4th Edition) : Advice That Can Save You Thousands of Dollars in Legal Fees and Taxes

SectionSection DescriptionPage Number
A Helpful Introductionp. ix
Special Note to Readersp. xi
Acknowledgmentsp. xiii
1The World of Wills
    Your Own Nobel Prizep. 2
    The Probate Process-Step by Stepp. 5
    Do You Really Need a Lawyer?p. 16
    Keep This in Mindp. 17
2Do You Really Need a Will?
    Heirs and Sharesp. 19
    Probate Property vs. Nonprobate Propertyp. 25
    Options Your Will Offers Youp. 27
    Keep This in Mindp. 33
3What Is a Will?
    Formalities of a Willp. 35
    Signing Your Own Will at Homep. 39
    Who May Make a Will?p. 41
    Wills Made in Another Statep. 45
    What Property Will Pass Under Your Will?p. 47
    Joint Willsp. 51
    Where to Keep Your Willp. 52
    Keep This in Mindp. 52
4How to Cancel or Change Your Will
    The Formalities Required for Changing a Willp. 54
    Changing Your Will (Intentionally or Unintentionally) by Disposing of Your Propertyp. 56
    Involuntary Changes in Your Will-When There Isn't Enough Money to Go Aroundp. 60
    How to Revoke Your Willp. 62
    Reviving a Previously Revoked Willp. 65
    Keep This in Mindp. 66
5Common Will Provisions
    A Question of Words, and the Use of "Boilerplate" Languagep. 68
    Some Common but Necessary Will Provisionsp. 69
    Understanding the Difference Between Real and Personal Propertyp. 75
    Dealing with Oriental Rugs, the Coin Collection, and Heirloom Jewelryp. 76
    Leaving Something to Charityp. 79
    Some Final Words About Wordsp. 80
    Keep This in Mindp. 82
6Uncommon Will Provisions-Controlling from the Grave
    The Requirements of a Conditional Bequestp. 84
    Some Varieties of Conditional Bequestsp. 89
    Conditions on Burials, Funerals, and Memorialsp. 96
    Defaming from the Grave-Having the Last Bad Wordp. 100
    Noncontest Provisionp. 102
    Keep This in Mindp. 102
7Spouses' and Children's Rights to an Estate
    Disinheriting a Spouse-With and Without a Willp. 104
    Rights of Divorced or Separated Spouses Under a Willp. 108
    Premarital (and Postmarital) Agreements-and Willsp. 111
    Children's Rights Under a Willp. 113
    Special Family Allowancesp. 119
    Keep This in Mindp. 122
8Estate Management
    Who Pays the Debts and Expenses of the Estate-and When?p. 124
    Investing Estate Assetsp. 128
    Accounting to the Court and to the Beneficiariesp. 131
    When You Can Get Your Sharep. 134
    Quick Settlement Procedures for Certain Estatesp. 138
    Keep This in Mindp. 139
9Personal Representatives
    Who Can or Should Be Your Personal Representative?p. 143
    Powers of the Personal Representativep. 147
    Fees of the Personal Representativep. 149
    Removing a Personal Representativep. 153
    Keep This in Mindp. 157
10Will Contests, Lost Wills, and Beneficiaries' Rights
    Who May Contest Your Willp. 159
    Grounds for a Contestp. 162
    How to Contest a Willp. 174
    Costs and Delays of a Will Contestp. 176
    How to Prevent a Contestp. 177
    Probating a Lost Willp. 184
    Keep This in Mindp. 187
11Avoiding Probate and Wills Altogether
    Avoiding Probate Through Joint Ownership and Other Do-It-Yourself Methodsp. 189
    Out-of-State Property-Double Your Probate, Double Your Legal Feesp. 194
    Avoiding Probate with a Durable Power of Attorneyp. 195
    Why You'll Still Need a Willp. 201
    Keep This in Mindp. 202
12Everything You Need to Know About Trusts
    The Basics of Trusts-A Working Overviewp. 204
    Coordinating Your Plan-Putting Your Trust to Workp. 218
    Trusts for the "Family"p. 227
    Asset Protection Trustsp. 247
    Offshore Asset Protection Trustsp. 261
    Spousal Lifetime Access Trust (SLAT)p. 269
    Decanting Trustsp. 270
    Special Purpose Trustsp. 271
    Keep This in Mindp. 280
13Probate, Trusts, and Taxes
    Probate vs. Taxesp. 282
    A Word About Our Tax Systemp. 282
    What Is Included in Your Estate?p. 283
    Taxable Valuep. 288
    Trusts and Income Taxesp. 289
    Trust Tax Reporting Requirements and Tax Ratesp. 293
    What a Trust Beneficiary Needs to Knowp. 297
    The Federal Gift Taxp. 298
    The Federal Estate Taxp. 304
    The Generation-Skipping Transfer Taxp. 308
    Tax-Oriented Trustsp. 310
    Tax-Oriented Family Trustsp. 321
    Keep This in Mindp. 341
14Dealing with Lawyers
    Hiring an Estate-Planning Lawyerp. 343
    Hiring an Estate-Settlement Lawyerp. 345
    Lawyers' Fees-Planning Estatesp. 350
    Lawyers' Fees-Settling Estatesp. 352
    Firing an Estate Lawyerp. 355
    Keep This in Mindp. 358
Appendix: Personal Representative's Checklistp. 359
Glossaryp. 367
Indexp. 383

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